IOTA has reached a significant milestone with 50% of its circulating tokens now staked, as announced by the IOTA team on their official X account. This achievement enhances the network's security and decentralization, reflecting increased trust in the platform. Following the announcement, IOTA's price rose to $0.1188, driven by heightened retail investor activity.
The milestone coincides with the IOTA 'Rebased' upgrade, which introduced a new smart contract architecture based on the Move language while maintaining a proof-of-stake mechanism. Additionally, IOTA has launched a staking APY calculator to enhance user experience. Analysts are monitoring the project's progress as it approaches its 10th anniversary in 2025, noting its ongoing compliance and technical advancements.
IOTA Staking Reaches 50% as Price Climbs to $0.1188
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